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gold

Apr 12, 2021
Sunshine Gold announces high-grade extensions to Big Hans

Sunshine Gold announces high-grade extensions to Big Hans

Sunshine Gold has released the final results from what it describes as an extremely successful drilling campaign at the Triumph gold project, 50km south of Gladstone. The company said its recent 7126m maiden RC drill campaign had been successful in delineating high-grade targets for follow up resource drilling in the September 2021 quarter. Sunshine Gold… ...

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Apr 10, 2021
Deal to see Porgera gold operations restart

Deal to see Porgera gold operations restart

The Porgera gold mine is on track to resume operations later this year after the Papua New Guinea government reached an agreement with Barrick Niugini on a partnership for its future ownership and operation. The Porgera operation, about 600km north-west of Port Moresby, PNG, has been on care and maintenance since April 2020 when the… ...

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Apr 08, 2021
Plateau mining a cash-positive prospect for Rockfire

Plateau mining a cash-positive prospect for Rockfire

Rockfire Resources says a preliminary scoping study has returned positive results for a small-scale, open-pit mining operation at the company’s Plateau gold deposit in North Queensland. The study indicated the operation would achieve a cash flow ranging from $6.8 million to $19.4 million, based on a spot gold price of $2220 ($US1718) per ounce. The… ...

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Mar 30, 2021
Far East Gold reveals Drummond Basin plans

Far East Gold reveals Drummond Basin plans

Far East Gold has revealed its upcoming work program after updating its earn-in agreement with Ellenkay Gold covering Queensland gold tenements Hill 212 and Mount Clark West. It is looking to bring on the first phase of planned work at the Drummond Basin tenements in April or May. Under Stage 1 of the updated earn-in… ...

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Mar 29, 2021
Rockfire on a roll at Plateau gold deposit

Rockfire on a roll at Plateau gold deposit

Rockfire Resources says rock assay results have expanded numerous targets at its Plateau gold deposit, within North Queensland’s Lighthouse project. Rockfire Resources has started an early-stage scoping study to consider the economic potential for open-pit mining at Plateau, where it recently announced a 515 per cent increase in gold ounces at the project to more than… ...

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Mar 24, 2021
Sunshine ready to roll at Ravenswood West

Sunshine ready to roll at Ravenswood West

Sunshine Gold has pushed ‘go’ on the acquisition of the Ravenswood West gold-copper-rare earths tenements and is set to kick off field work there next month. The company has exercised its option to acquire Ravenswood West from Stavely for $400,000 and a 1 per cent net smelter royalty on gold revenue. Managing director Damien Keys…. ...

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Mar 22, 2021
Great Northern raises cash for NQ gold projects

Great Northern raises cash for NQ gold projects

Great Northern Minerals has launched a bid to raise $3 million to fast track work at its Camel Creek and Big Rush gold projects in North Queensland. The Perth-based junior has announced a placement of shares to sophisticated and professional investors as well as a rights issue to shareholders to raise the capital. The funds… ...

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Mar 22, 2021
Steam Engine gold resource hits 122,000oz

Steam Engine gold resource hits 122,000oz

Superior Resources has lifted the mineral resource estimate for its Steam Engine deposit, 210km west of Townsville, to 122,000 ounces of gold. Completion of the resource upgrade programs meant the company could now to finalise its scoping study for the North Queensland project, Superior managing director Peter Hwang said. “We are pleased that the 2020… ...

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Mar 16, 2021
Red River keen to identify gold feed for Thalanga

Red River keen to identify gold feed for Thalanga

Red River Resources is working to build a gold inventory within trucking distance of its Thalanga operations with a new drilling program. Red River produces zinc, copper and lead with gold and silver credits at its Thalanga operations in North Queensland, where it is currently mining the Far West deposit. The company said its reverse… ...

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